The Best-Performing Indicators By Which To Find Stocks

Some traders may hit a wall when they try to use a stock screener to formulate a trading strategy—it’s tough to determine which criteria their stock search should focus on. Screening securities for established metrics like moving averages or earnings ratios can provide a handful of trade ideas. But screeners typically don’t address whether or not those criteria can potentially outperform the market.

For that, we can use a predictive model like the one at FinanceBoards to gauge how certain criteria have performed in the current market environment. In this case, we can use its Model Screeners widget to measure the performance of a certain indicators.

Below is a screenshot of that widget, which shows a breakdown of the screeners that have generated the best returns over the last five days (as of the end of July). The “General Woo” refers to the entirety of the FinanceBoards predictive model, which incorporates over 400 individual factors. The number on the right refers to how heavily each sub-model is weighted in the General Woo model.